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B-199973 1 (1980-08-20)

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UNITED STATES GENERAL ACCOUNTING OFFICE
        WASHINGTON, DC. 20548


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                                                 IN RpLY
OFrict OF GENERAL COUNSEL                        I'UEfR TO:


B-199973


August 20, 1980


Mr. Eugene  Moratbito
Carrier Corporation
PO Box 4800    I
Syracuse, NY    13221

Dear Mr. Morabito:


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     This  ts in reference to your  recent discuisions with  our
International  Division staff concerning  a review by the  General
Accounting  Office of the activities  of the Overseas Private
Investment. Corporatiosi (OPIC).  The review deals with OPIC  in-
aured or  financed Investments  in certain foreign countries.
During  thosediscussions,  you  expressed concern regarding  GAO's
ability  to protect any proprietary  data which your company  might
submit  to our staff in view of  possible Freedom of Information
Act requests  for such data.


     GAO  is not subject
have, however,  adopted
of information.   These
vide for  the protection


to  the Freedom  of Information Act.  We
regulations governing  the public disclosure
regulations  , at 4 C.F.R. 81.5(a)(5),  pro-
of  proprietary  business data as follows:


   (a) The  public disclosure of GAO
records contemplated  by this part may  not
apply to records,  or parts thereof,  within
any of the  categories listed below.  These
exemptions may  be waived by the Director,
OP (Office  of Policy].


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   (5) Recokds  containing trade secrets
and commercial  or financial information
obtained  from any person and considered
privileged or  confidential.  This exemp-
tion includes,  but is not limited  to,
business sales  statistics, inventories,
customer  lists, scientific or manufactur-
ing processes  or development;  information


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